While crude oil prices have declined 27 percent since Oct. 1, natural gas prices broke through the $4 barrier this week for the first time in four years. On the crude oil side, worldwide demand has declined while supplies have increased. Crude oil production in the U.S., Saudi Arabia and…
3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.